eBay reported its earnings for Q3 2012, with its revenue increasing 15% to $3.4 billion year-over-year.

Braintree, one of the most popular online payment gateways for the web and mobile, has raised $35 million in another round of funding.

Square, the mobile payments startup, has raised $200 million at a $3.25 billion valuation. It now processes nearly $8 billion in payments on an annualized basis.

PayPal has recently announced another deal with Discover, which does not restrict it to a few merchant establishments anymore.

Just two days ago, PayPal acquired Cad.io, which was another player in the mobile payment segment. However, it made a giant leap in its tests with offline payments, when it tied up with McDonald’s outlets in France.

eBay reported its earnings for Q2 2012 with revenue growing to $3.4 billion, up 23% year-over-year. PayPal and Marketplaces both displayed impressive growth metrics.

PayPal has acquired Card.io, a mobile payments startup which enables developers to read credit card information with a smartphone’s camera.

SlowPal makes analyzing PayPal transaction logs simple and quick through a smart and intuitive interface.

Nokia announces partnerships with major brands to bring their apps to Lumia and other Windows Phones. Is Nokia really the “real” Windows Phone maker?

Of late, scammers have grown smarter when it comes to conning people on the Internet. Several scammers have begun to use Word documents as attachments while sending out scam emails. However, they haven’t stopped there and are now using Antivirus companies to scam PayPal users.

Four months after unceremoniously firing Carol Bartz, the Yahoo board has finally picked a new CEO. Scott Thompson, who is the president of PayPal – a division of eBay, will be leading the struggling internet giant from next Monday.

This PayPal integration will let Ubuntu application developers earn from worldwide app-sales in a hassle free way and will attract new talents and developers to the Ubuntu app ecosystem.

Paypal has launched its new “Send Money” App on Facebook. This is the first official Paypal app for Facebook, and could make Paypal ubiquitous, if it isn’t already.

A lot of Indian users are facing a typical problem of “Invalid name on PAN”, while the truth is that their names are actually same on both their PayPal accounts and PAN card. There is no way anyone can change their name on a PAN card which has already been registered with Govt of India, while on the other hand PayPal limits specific Indian accounts saying that “Your PAN card is invalid”.

PayPal India users can now receive up to $3000 in payments per transaction, up from $500 per transaction. Receive more than $500 in PayPal thanks to RBI.